TDS
This query is : Resolved
28 October 2010
What is the provision under Income Tax Act, 1961, if any organisation does not deduct TDS on a regular basis from the salary (taxable salary)
28 October 2010
the org may be treated as assessee in default
& thereupon liable to interest & penalty
& thereupon liable to interest & penalty
28 October 2010
Interest and penalty is applicable
29 October 2010
Interest and u/s 201(1)penalty u/s 271C
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